💡 Quick technical analysis:
✅ Solid upward movement! After retracing to $2.864, the TON/USDT pair bounced back strongly to $3.239, indicating a return of buyer interest.
✅ RSI at 65.90 – close to the overbought area, but has not entered it yet, leaving room for continued upward movement.
✅ MACD is at a critical moment! It has started with a bullish crossover line (MACD: 0.002), indicating positive momentum is forming.
✅ Trading volumes are good and relatively stable, enhancing the likelihood of accumulation before a major move.
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🚀 Expected scenario:
If the nearby resistance level at $3.25 and then $3.39 (previous high) is broken, we may see acceleration towards $3.50 and possibly more.
In case of a pullback, the area between $3.07 and $3.12 represents strong support that could form a new launching pad.
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📊 Technical pattern analysis – Is there a bullish pattern forming?
🔍 From the 4H chart, a narrow horizontal channel can be observed between $3.07 and $3.39 – if the upper limit is broken, we have a strong breakout opportunity.
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🚨 Supporting signals from indicators:
RSI is high but not yet overbought → there is still momentum.
MACD is close to a new positive crossover → potential upward momentum.
The moving average lines MA(5) and MA(10) are in a bullish convergence.
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🎯 Predictions for the upcoming movement:
Potential rise towards $3.50 if the nearby resistance of $3.25 and then $3.39 is broken.
A slight pullback may occur, but it remains within the support range between $3.07 and $3.12.
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💬 My personal opinion:
TON is moving steadily with upward momentum. Technical indicators and price patterns are giving positive signals.
If $3.39 is broken, we might be in for a new upward wave.
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✅ Final advice:
Use a stop loss below $3.07 to protect against any sudden retracement.
Monitor the MACD and RSI crossover closely in the coming hours.
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📢 Do you expect TON to break towards $3.50? Or will the current resistance push the price back? Share your analysis!